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Showing posts with the label India Jewellery-Park

IJP Mumbai initiate ready to commence construction

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Pivotal GJ industry in making economy India: Amruta Fadnavis    IIJS Signature 2025 is organised from 4th to 7th January 2025 at Jio World Convention Centre (JWCC) and from 5th to 8th January at Bombay Exhibition Centre (BEC), NESCO, Goregaon, and Mumbai    The first-of-its-kind India Jewellery Park (IJP) Mumbai’s construction will commence this month, announced Vipul Shah, Chairman, Gem & Jewellery Export Promotion Council (GJEPC) during the inauguration of the 17th edition of India International Jewellery Show (IIJS) Signature gem & jewellery (GJ) trade show at Bombay Exhibition Centre (BEC), NESCO, Goregaon East. Phase 1 of India Jewellery Park Mumbai, including the A1, A2, and A3 buildings spanning approximately 9 lakh square feet will be ready for procession by December 2026.    IIJS Signature's grand inauguration at Goregaon Mumbai, was graced by Chief Guest Amruta Devendra Fadnavis, Banker, Singer & Social Worker; along with Guests of Hon...

GJEPC presents Pre-Budget recommendations to FM

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GJEPC has prepared a list of FAQs on the Safe Harbour Rule!   Vipul Shah, Chairman, GJEPC, met with Finance Minister (FM) Nirmala Sitharaman during a pre-budget consultation held in Delhi. During the meeting, Shah presented key recommendations on behalf of the gem and jewellery industry, aimed at fostering growth, enhancing global competitiveness, and addressing the industry's critical challenges.   Vipul Shah, Chairman, GJEPC said, "We thank the Hon’ble Finance Minister for reducing the import duty on precious metals in the last budget, a move that has spurred unprecedented growth in the sector. This is evident from the multiple stock market listings of family-run jewellery businesses, the expansion of major retailers overseas, and the planned opening of 3,000 retail outlets in the next two years, creating lakhs of employment opportunities across the country."   Shah further added, “We also thank FM for introducing Safe Harbor Rule for sale of rough diamonds ...

Davos witnesses historic MOU by Maharashtra State & GJEPC

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Signing ushers commencement of work for India Jewellery Park The Gem & Jewellery Export Promotion Council (GJEPC) and the Government of Maharashtra marked a significant milestone with the official signing of a Memorandum of Understanding (MoU) during the World Economic Forum 2024. The agreement paves the way for the development of India’s first and largest Jewellery Park in Navi Mumbai. The MoU was signed by Hon’ble Chief Minister of Maharashtra Eknath Shinde and GJEPC Chairman Vipul Shah in the presence of Uday Samant, Hon’ble Minister of Industries; Dr. Harshdeep Kamble, IAS, Principal Secretary of Industries; Shrikant Shinde, Member of the Lok Sabha; Bhushan Gagrani, Principal Secretary, Urban Development Department, and Vipin Sharma, CEO, MIDC; Kirit Bhansali, Vice Chairman, GJEPC and Sabyasachi Ray, Executive Director, GJEPC. Hon’ble Chief Minister of Maharashtra, Eknath Shinde, in his remarks on the MoU with GJEPC, expressed, “Maharashtra has consistently been a leader in tra...